China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

PSA Singapore Chooses Motorola Solutions’ TETRA Radio Technology During Port Expansion

PSA Singapore Chooses Motorola Solutions’ TETRA Radio Technology During Port Expansion

How the MV Estonia Disaster Reshaped Passenger Ship Safety

How the MV Estonia Disaster Reshaped Passenger Ship Safety

Hazardous Cargo Compensation Regime Close to Entry into Force

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Iran Could Offer Oman Exit Proposal

Subscribe for Maritime Logistics Professional E‑News

UK's Cooper calls for full resumption of ship traffic through Strait of Hormuz
Handelsblatt reports that mediation fails over spat about Franco-German fighter aircraft
UKMTO reports incident involving tanker near Oman